March 27 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** German rail operator Deutsche Bahn said that it
will take some time to evaluate the offers received for its
logistics subsidiary Schenker after the submission deadline.
** Between seven and 10 companies have made non-binding
offers for Schenker, the logistics subsidiary of German national
rail company Deutsche Bahn, the Handelsblatt business daily
reported, citing sources familiar with the matter.
** German broadcaster ProSiebensat.1 called on shareholders
to vote down proposals by MFE-MediaForEurope at the
upcoming annual general meeting, pushing back against the top
investor's bid to split the company.
** Renault plans to sell a stake of about 2.5% in
Nissan ( NSANF ) shares to the Japanese car maker in a deal that
could generate up to 362 million euros ($392 million), the
French firm said.
** German nationalised energy company SEFE will take full
ownership of gas transmission network WIGA by buying out joint
venture partner Wintershall Dea in the latest sign of
Berlin tightening its grip on energy infrastructure.
** MKAO Rasperia Trading Limited, a Strabag
shareholder formerly controlled by Russian businessman Oleg
Deripaska, was sold to Russian company Iliadis JSC, the Austrian
construction firm said.
** Shares in DS Smith ( DITHF ) opened 7.7% higher after the
company said it is in talks with International Paper ( IP ) over
an all-stock offer from its U.S.-listed rival.
** Swiss Steel Group said its French unit Ascometal
ended exclusive talks announced in December over the sale of
several of its sites in France to Italian steelmaker Acciaiere
Venete.
** U.S. oil refiner Phillips 66 is exploring a sale
of its 25% stake in the Rockies Express Pipeline that it hopes
could be worth more than $1 billion, including debt, people
familiar with the matter said on Tuesday.
(Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)